When 2,000 Hamburgers Per Day Are Produced, the Marginal Social

question 25

Multiple Choice

When 2,000 hamburgers per day are produced, the marginal social benefit is $1.50 and the marginal social cost is $1.00. And when 7,500 hamburgers per day are produced, the marginal social benefit is $1.00 and the marginal social cost is $1.50. The efficient production quantity of hamburgers is ________ a day.

• A) more than 7,500
• B) 7,500
• C) between 2,000 and 7,500
• D) 2,000

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Definitions:

Inflammatory Bowel Disease

A term for two conditions, Crohn's disease and ulcerative colitis, that cause chronic inflammation of the gastrointestinal tract.

Corticosteroids

A class of steroid hormones that are produced in the adrenal cortex and used medicinally to reduce inflammation and suppress the immune system.

Histamine-Receptor Antagonist

A substance or drug that blocks the action of histamine, reducing or preventing the typical symptoms associated with allergies.

GER

Gastroesophageal Reflux, a condition in which stomach acid flows back into the esophagus, causing discomfort.